Two groups of pioneers - conservatives in one group, liberals in another - are assembled and sent to establish separate colonies. What would happen?

Inspired by this question.

The scenario:
A political scientist and a social scientist team up and put together this experiment. They interview a few hundred people on many things, not just their political (and religious, economic, and social) views. They assemble two equal groups of people: One with liberals, the other, with conservatives. The groups are alike in every other aspect: male/female ratio, young/old ratio, social standings, etc. Just about every belief is represented in one or the other group (or both, if possible). If there’s something I’ve forgotten to include that would make the two groups equal and isolate the variable, then you can assume that has been taken into account.

The two groups know nothing about each other. They are sent to an isolated location (a few hundred years ago, it would’ve been the other side of the continent or planet; now we’re thinking outer space) and are instructed to establish a colony within themselves. They are to establish political, social, religious, and economic structures from the ground up. Perhaps they have a purpose for the government, perhaps it’s just to see what life would be like on this frontier.

The question:
The central idea of this experiment is that the two groups will be free to bring about their beliefs without the other side trying to go the other direction at the same time.
How do you think the two civilizations will look in a few decades? A century?
Which one will “work”?
Based on different periods in history when different political groups have basically come to power and done everything they want, what kind of social, political, economic, and religious structures would be established?
What kind of boom/bust cycles would be observed in each colony?
Would both establishments fail without the other group balancing them out?

Go wild with this one, guys. It’s full of interesting possibilities. I’m looking forward to a very interesting discussion!

Hopefully, now that I’ve got all this typed out, I’ll be able to fall asleep. Now I get to wait for your thoughts, since I’ve exhausted my own.